Tuesday, June 26, 2007

Treasuries Are Little Changed Amid Concern Losses at Hedge Funds to Widen

(Bloomberg) -- Treasuries were little changed amid
concern hedge fund losses tied to subprime mortgages will become
more widespread.

Two-year yields touched the lowest this month as investors
shifting out of riskier assets pushed equity indexes down across
Europe. Government securities may also be buoyed before reports
forecast to show consumer confidence fell to a 10-month low in
June and new home sales declined.


Read more at Bloomberg Bonds News

No comments: